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• Revenue: -53.6% (1Q10)
• Net Profit: -92.5% (1Q10)
• Press Release: Revenue up 37.8% quarter-on-quarter boosted by robust PRC market
• Group to strengthen position in PRC with second towercrane rental JV
• Outlook: The Group expects challenging business environment in its principal export markets to continue to affect its export sales for the current financial year.
• The recent improvement in residential property market across the PRC especially in second tier cities such as Tianjin, Chongqing, Shenyang and Chengdu will also increase the demand for construction equipment including towercranes and the Group will also focus its effort to meet the growing demand for such towercranes in the PRC.
• As part of its strategy to diversify its income stream and to capture a share of the growing towercranes rental business, the Group has announced on 4 August 2009 the setting up of another joint venture with Tat Hong Holdings Ltd ("Tat Hong") in the PRC.
• This joint venture will contribute positively to the sales of the group as it will purchase only Yongmao towercranes for its rental fleet.
• The Group will continue to monitor the economic situation, and evaluate and refine its strategy in its various markets accordingly.

FINANCIAL RECORDS

Revenue (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2010 95,734
2009 206,492 204,917 113,561 69,497 594,467
2008 158,332 142,283 162,657 189,560 652,832
2007 NA NA NA NA 278,256
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Earnings (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2010 3,064
2009 40,756 22,069 4,099 (19,487) 47,532
2008 38,603 29,722 32,863 21,303 122,491
2007 NA NA NA NA 59,224
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Dividends

FY Interim Final Special (SGD)
2009 NA 0.005 NA
2008 NA 0.010 NA
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data (RMB)

NAV = $1.0569
EPS = $0.0069 (3M FY10)
No of Shares = 443,750,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA